2062 Gerrard Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of East End-Danforth. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $799,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 17.37 x 99.5 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Great opportunity to own your own home with rare parking in the desirable upper beaches neighbourhood. The parking is located at the back of the property and can easily be extended to host more cars if desired. This corner lot gives the home enhanced curb appeal with no neighbours on one side. This home offers beautiful hard wood floors throughout main and upper level. The home features stunning solid wood trim and charming oak staircase. The main floor is spacious and open concept. The kitchen has a solid oak floor to ceiling pantry and walk out to your secluded fenced in back yard. The large primary bedroom comes complete with hardwood floors, oversized window and closet. The basement rec room area is dry walled and ready to go with loads of potential. Walking distance to reputable schools, shops, places of worship. TTC is at your doorstep, close to subway and GO train. The beach, the board walk, parks, ravines, recreation centres, restaurants, outdoor recreation facilities are all easily accessible and in close proximity.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2062 Gerrard Street E, Toronto E02, ON M4E 2B5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $799,000 in Toronto, the legal minimum down payment is $54,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
